Flex Ltd. (FLEX)

27.63 -0.45 (-1.60%) At close: 04:00PM EDT

Flex Ltd.

2 Changi South Lane
Singapore 486123
Singapore
65 6876 9899
https://www.flex.com

Sector(s): Technology
Industry: Electronic Components
Full-time employees: 172,108

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Revathi Advaithi	CEO & Director	4.55M	N/A	1968
Mr. Paul R. Lundstrom	Chief Financial Officer	2M	N/A	1975
Mr. Hooi Tan Kwang	President of Global Operations & Supply Chain	1.86M	N/A	N/A
Mr. D. Scott Offer	Executive VP & General Counsel	1.72M	N/A	1965
Mr. Michael P. Hartung	President of Flex Agility Solutions	2.11M	N/A	1969
Mr. Daniel Wendler	Chief Accounting Officer	N/A	N/A	1967
Mr. Gus Shahin	Chief Information & Digital Officer	N/A	N/A	N/A
Mr. David Rubin	Vice President of Investor Relations	N/A	N/A	N/A
Silvia Gianelli	Senior Director of Corporate Communications	N/A	N/A	N/A
Mr. Xavier F. Boza	Chief Human Resources Officer	N/A	N/A	1965

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Flex Ltd. provides technology, supply chain, and manufacturing solutions in Asia, the Americas, and Europe. It operates through three segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The FAS segment offers flexible supply and manufacturing system comprising communications, enterprise and cloud solution, which includes data, edge, and communications infrastructure; lifestyle solution including appliances, consumer packaging, floorcare, micro mobility, and audio; and consumer devices, such as mobile and high velocity consumer devices. Its FRS segment provides complex ramps with specialized production models and critical environments, which comprise automotive including next generation mobility, autonomous, connectivity, electrification, and smart technologies; health solutions, such as medical devices, medical equipment, and drug delivery; and industrial solutions including capital equipment, industrial devices, and renewables and grid edge. The Nextracker segment offers solar tracker and software solutions, which are used in utility-scale and ground-mounted distributed generation solar projects. In addition, it provides a broad array of services including design and engineering, component services, rapid prototyping, fulfillment, and circular economy solutions. The company was formerly known as Flextronics International Ltd. and changed its name to Flex Ltd. in September 2016. Flex Ltd. was founded in 1969 and is headquartered in Singapore.

Corporate governance

Flex Ltd.’s ISS governance QualityScore as of 1 April 2024 is 1. The pillar scores are Audit: 2; Board: 1; Shareholder rights: 2; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.